Ep. 124 – Venezuela in Crisis – Part 1

The Venezuela economy is in meltdown. Inflation is forecasted to hit 1,000,000% by the end of 2018. (That’s not a typo!)

This two-part podcast series explains the how the Venezuela economy went into meltdown. Part 1 looks at the history of Venezuela. JB Shreve demonstrates this South American nation’s unique place in the global order. By the end of part 1 in this podcast series you will see how the 1970s and 1980s provided a test run for the crisis the Venezuela economy is experiencing today. The lessons were not learned though.

Venezuela in Crisis podcast series will you understand the news that is unfolding today. This is a significant crisis and event in world history and it is occurring before our eyes. We should all understand why and how.

If you believe this is a story only about Hugo Chavez and socialism you do not know the whole story. The story about the Venezuela economy meltdown goes deeper than that.

Be sure to listen to part two in my series on the Venezuela crisis. It explains what happened to the Venezuela economy in the era of Chavez and also today under Maduro. Go for a deeper dive with my Venezuela Crisis Explainer (click the banner above). You can download my podcast series on the Venezuela economy and crisis here at the web site or here at my SoundCloud page.

Thanks for listening, and I would love to hear your feedback and thoughts.

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Notes:

This podcast series was originally published in 2016. The Venezuela Explainers are updated regularly.

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JB Shreve has been the host of the End of History podcast since 2012. He has degrees in International Relations, Middle East Studies and International Business. His books include the Intelligence Brief Series. Regular posts and updates from JB Shreve are available at www.theendofhistory.net Find JB on Google+